Global Data Center Construction Market 2024-2028

Global Data Center Construction Market 2024-2028

The data center construction market is forecasted to grow by USD 37.66 bn during 2023-2028, accelerating at a CAGR of 8.75% during the forecast period. The report on the data center construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for data center colocation facilities, increasing data center investments and data center modernization, and increasing demand for cloud-based services.

Technavio's data center construction market is segmented as below:

• By Application
• Enterprise
• Cloud
• Colocation
• Hyperscale
• By Type
• Electrical construction
• Mechanical construction
• General construction
• By Geography
• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing focus on construction of green data centers as one of the prime reasons driving the data center construction market growth during the next few years. Also, growth in investments in hyperscale data centers and increase in M and A activities in data centers will lead to sizable demand in the market.

The report on the data center construction market covers the following areas:

• Data center construction market sizing
• Data center construction market forecast
• Data center construction market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data center construction market vendors that include ABB Ltd., AECOM, AMETEK Inc., Arup Group Ltd., Asetek AS, Clune Construction Co., Delta Electronics Inc., DPR Construction, Eaton Corp. Plc, Emerson Electric Co., FORTIS CONSTRUCTION Inc., Gilbane Inc., HDR Inc., Hensel Phelps, HITT CONTRACTING INC., Iron Mountain Inc., J.E. Dunn Construction Co., Nippon Telegraph And Telephone Corp., SAS Institute Inc., Siemens AG, and Turner Construction Co.. Also, the data center construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.